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Author Question: What is inflation and what economic condition is caused by ... (Read 45 times)

charchew

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on: Jun 29, 2018
What is inflation and what economic condition is caused by inflation?

Question 2

If a supplier's components are defective and causing problems for manufacturing, then purchasing must find ways to improve supplier quality.
 a. True
  b. False
 Indicate whether the statement is true or false


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miss_1456@hotmail.com

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Inflation occurs when prices and the cost of living rise faster than income for consumers. Inflation usually leads to a recession or a slow-down in the economy.

Answer to Question 2

TRUE


charchew

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Reply #2 on: Jun 29, 2018
Thank you


miss_1456@hotmail.com

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Reply #3 on: Jun 29, 2018
No problemo


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